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Appian (APPN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-01 22:31
Appian (APPN) reported $146.45 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 14.7%. EPS of -$0.26 for the same period compares to -$0.39 a year ago.The reported revenue represents a surprise of +3.09% over the Zacks Consensus Estimate of $142.07 million. With the consensus EPS estimate being -$0.31, the EPS surprise was +16.13%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...
Appian To Participate in Upcoming Investor Conferences
Newsfilter· 2024-08-01 20:15
MCLEAN, Va., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) announced today that management will be presenting and hosting meetings with institutional investors at the following upcoming conferences. KeyBanc Technology Leadership Forum. The fireside chat is scheduled for Tuesday, August 6th at 1:00pm Mountain Time.Citi 2024 Global TMT Conference. The fireside chat is scheduled for Friday, September 6th at 9:10am Eastern Time.Goldman Sachs Communacopia + Technology Conference. The fireside chat is sc ...
Appian To Participate in Upcoming Investor Conferences
GlobeNewswire News Room· 2024-08-01 20:15
MCLEAN, Va., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) announced today that management will be presenting and hosting meetings with institutional investors at the following upcoming conferences. KeyBanc Technology Leadership Forum. The fireside chat is scheduled for Tuesday, August 6th at 1:00pm Mountain Time.Citi 2024 Global TMT Conference. The fireside chat is scheduled for Friday, September 6th at 9:10am Eastern Time.Goldman Sachs Communacopia + Technology Conference. The fireside chat is s ...
Appian(APPN) - 2024 Q2 - Quarterly Report
2024-08-01 17:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38098 appian APPIAN CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 54-1956084 (State or other jurisdi ...
Why Appian Stock Was Sliding Today
The Motley Fool· 2024-08-01 15:24
Weak revenue guidance spoiled a big step to profitability.Shares of Appian (APPN -11.73%), a cloud software focused on business process automation, were falling today, even as the company beat estimates in its second-quarter earnings report. It pulled forward guidance to reach break-even on an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis.Despite that, investors seemed underwhelmed by weaker-than-expected revenue guidance for the third quarter and full year.As a res ...
Appian(APPN) - 2024 Q2 - Earnings Call Transcript
2024-08-01 14:29
Appian Corporation (NASDAQ:APPN) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Jack Andrews - Investor Relations Matt Calkins - Chairman and CEO Mark Matheos - Chief Financial Officer Conference Call Participants Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Steve Enders - Citi Derrick Wood - TD Cowen Kevin Kumar - Goldman Sachs Jake Roberge - William Blair Operator Good day and thank you for standing by. Welcome to the Appian Second Quarter 2024 Earnings Conferen ...
Appian(APPN) - 2024 Q2 - Earnings Call Presentation
2024-08-01 14:28
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------|--------------------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q2 Presentation | 2024 Earnings Call | | | | | | | | | | Matt Calkins, Founder & CEO | | | | | | | | | | | Mark Matheos, CFO | | | | | | | | | | | | | | | | | | | | | Disclaimer ...
Appian (APPN) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-01 13:20
Appian (APPN) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.13%. A quarter ago, it was expected that this business process management software provider would post a loss of $0.15 per share when it actually produced a loss of $0.24, delivering a surprise of -60%.Over the last four quarter ...
Appian(APPN) - 2024 Q2 - Quarterly Results
2024-08-01 11:29
Exhibit 99.1 Appian Announces Second Quarter 2024 Financial Results Second quarter cloud subscription revenue increased 19% year-over-year to $88.4 million McLean, VA – August 1, 2024 – Appian (Nasdaq: APPN) today announced financial results for the second quarter ended June 30, 2024. "Due to enhanced functionality launched this quarter, Appian AI usage nearly doubled," said Matt Calkins, CEO & Founder. "Looking ahead, we are accelerating our path to profitability. We now expect to achieve adjusted EBITDA b ...
Appian Announces Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-01 11:05
MCLEAN, Va., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) today announced financial results for the second quarter ended June 30, 2024. “Due to enhanced functionality launched this quarter, Appian AI usage nearly doubled,” said Matt Calkins, CEO & Founder. “Looking ahead, we are accelerating our path to profitability. We now expect to achieve adjusted EBITDA breakeven for the full year 2024.” Second Quarter 2024 Financial Highlights: Revenue: Cloud subscription revenue was $88.4 million, up 19% c ...